Business For Sale

Restaurant & Bar

Phoenix, AZ
Maricopa County

Asking Price: Annual Revenue:
$750,000 $470,052

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant & Bar Broker: Ken Hanover

Quick Facts

Asking Price: $750,000
Annual Revenue: $470,052
Net Profit: Not Disclosed
Cash Flow: $161,619
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 12
BBN Listing #: 354330481
Broker Reference #: WCIC17474

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Business Overview:

This is a well known Italian restaurant and Bar located on a busy street with a large following. It also has a busy bar with outdoor seating. Sales are in excess of $1Mil for many years. Annualized Owner's Cash Flow = $484,857. Contact Ken Hanover for more information or email us.

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Property Features and Assets:

Building Size 2,100 Square Feet; Monthly Rent: $9,000.

Reason for Selling:

Scaling Down.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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